305 Ripley Ave

305 Ripley Ave

@ Barrett and 3rd - Richmond

$720,000
S
  • 0
  • 0
  • 2
FOUR

This convenient investment property is located in a quiet, evolving Richmond neighborhood that is seven minutes drive from the Richmond BART station, and six minutes to the new direct ferry service to San Francisco! This property has four one-bedroom apartments (three units were updated 2014). There is one unleased unit -- this unit updated in late 2018. Three units that are currently leased, have a total current income of approximately $4353.00 (three units). The unleased unit's approximate market value is $1750 to $1900 - for a total of $6100/$6250 + per month income. Common area includes a large shared backyard, two one-car driveways and two half garages. The neighborhood is quiet, and the property is 1031-exchange eligible. Consider making this your home, or income property!

On Market Date
12-7-2018
Current Status
Sold
Close Price
$720,000
Original Price
$499,000
List Price
$725,000
Contract Date
2-14-2019
Close Date
3-11-2019
Property Type
FOURPLEX
D/N/S
Zip Code
94801
MLS ID
40847782
APN
534-212-012-7
Year Built
1927
Stories in Building
Unavailable
Possession
COE
COE
3-11-2019
Data Source
MAXEBRDI
Origin MLS System
OAKLAND
Bed
0
Bath
0
Parking
2
Attached Garage, Other
SQ FT
Unavailable
SQ FT Source
Public Records
Lot SQ FT
3,800.0
Lot Acres
0.087236 Acres
Cooling
Other
Disclosures
Rent Control
Exterior Details
Stucco
Flooring
Other
Heating
Baseboard
Laundry
Coin Operated, Common Room, Community Facility
Views
Other
Possession
COE
Basement
Other
Additional Miscellaneous Features
Other
All Units Have
Other
Additional Equipment
Other
Existing Lease Terms
Other
Financial Data Source
Owner, Other
Lot Description
Regular
Operating Expenses
Other
Roof
Tar and Gravel, Other
Separate Meters
Electric, Gas, Water, Other
Solar
None
Some Units Have
Updated Baths, Updated Kitchen
Tenant Pays
Other
Terms
Other
Other Units
Other
Water and Sewer
Water - Public
Yard Description
Back Yard
Fee
Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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